How to find 160 billion PLN in the budget. "We need a Balcerowicz-bis plan"

S&P has downgraded Poland's credit outlook, pressuring the government to present a credible public finance recovery plan. Experts suggest a need for significant savings, estimating a reduction of 120-160 billion PLN over four years. The proposed plan includes gradual deficit reduction and potential new taxes, while also addressing public spending efficiency. Economists emphasize the urgency of initiating reforms before the 2027 elections to avoid harsher adjustments later. Key areas for savings include social programs, administrative costs, and possibly defense spending, while ensuring a comprehensive approach to fiscal consolidation.

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